Uday Kotak is India's first billionare banker. The Vice-Chairman and Managing Director of Kotak Mahindra Bank owns a 50 percent stake in the bank; Forbes estimated his wealth to be $4.1 billion in 2011. He is ranked 270 in the list. He ended a 14 year partnership with Goldman Sachs by acquiring its 25 percent stake in two subsidiaries for $72 million in 2006.

53 year old Uday is an alumnus of the Jamnalal Bajaj Institute of Management Studies, Mumbai and Sydenham College, Mumbai. He borrowed around 30 lakh from family and friends to invest in his company in 1986. Uday's company has a market cap of 6, 700 crores and is the third largest private sector bank in Ind